Market Overview

American Express Refunds Merchant Discount Rate for Charitable Contributions for Hurricane Sandy Relief


In response to the devastation caused by Hurricane Sandy, American Express (NYSE: AXP) today announced that it will rebate the merchant discount rate for charitable contributions for Hurricane relief that Cardmembers make directly to these non-profit organizations using their American Express Cards:

The rebate is effective retroactively from Monday, October 29 through December 31, 2012.

Cardmembers can also use their Membership Rewards® points for charitable contributions to these organizations as well as others.

In addition, American Express will donate $1,000,000 to the American Red Cross and other organizations involved in Hurricane relief efforts.

About American Express

American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at and connect with us on,,,, and

Key links to products and services: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, business travel, and corporate card

Media Contact:
Marina Norville,, +1.212.640.2832

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